Exploration company also heralds completion of qualifying transaction
By Devika Patel
Knoxville, Tenn., March 15 - Rathdowney Resources Ltd. said it settled a non-brokered private placement of stock. The company raised C$34.28 million through the offering.
Rathdowney sold 34,283,550 common shares at C$1.00 each.
The company also said it has completed its qualifying transaction. The base metal and ore explorer, formerly Coreland Capital Inc., is based in Vancouver, B.C. Its shares will begin trading on March 17.
| Issuer: | Rathdowney Resources Ltd.
|
| Issue: | Common shares
|
| Amount: | C$34,283,550
|
| Shares: | 34,283,550
|
| Price: | C$1.00
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | March 15
|
| Stock symbol: | TSX Venture: RTH
|
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